自動車V2Xの世界市場規模：車種別、用途別、コネクティビティ別、地域範囲別、予測

自動車V2Xの市場規模と予測

自動車V2X市場規模は、2024年に35億6,000万米ドルと評価され、2026～2032年にかけてCAGR 42.50%で成長し、2032年には426億9,000万米ドルに達すると予測されます。

Vehicle-to-Everything（V2X）は次世代の情報通信技術であり、自動車をさまざまな外部システムやインフラに接続します。

2021年までには、製造車両の70%以上がV2X機能を搭載すると予想されています。このようなコネクテッドカーには、ADAS（先進運転支援システム）、車体・シャーシシステム、インフォテインメントシステム、パワートレインシステムなど様々なシステムをテレマティクスのフレームワークに統合し、V2X機能と用途の円滑な運用を確保する必要があります。

V2X技術は、快適性と安全性を向上させ、交通効率を高め、汚染と事故率を最大80％削減することで、交通環境を大幅に改善します。

しかし、V2X用途の開発とテストには、コネクテッドテスト環境内で複数の自動車、路側インフラ、複雑な双方向通信など、実環境をエミュレートする必要性など、いくつかの課題があります。

このホワイトペーパーでは、様々なタイプのV2X通信、関連用途、V2Xで使用される2つの主要な通信技術について説明します。また、V2X検査中に直面する課題を取り上げ、産業のソリューションをいくつか発表しています。

先進的V2Xソリューションの開発には、デッドレコーニングのような複雑な実世界シナリオを再現できる堅牢なコネクテッド検査環境の確立が不可欠です。

この進展は、インテリジェント交通システムの実現に不可欠であり、自動車交通におけるより安全で効率的、かつエコフレンドリー未来への道を開くものです。

世界の自動車V2X市場力学

世界の自動車V2X市場を形成している主要市場力学は以下の通りです。

主要市場促進要因

時間の節約：V2X技術は、効率的な交通管理と自動車利用者の時間節約に貢献します。周囲のインフラと通信することで、V2X搭載車は道路標識、交通状況、渋滞に関する情報をリアルタイムで記載しています。これにより、ドライバーは最適なルートを選択し、遅れを回避することができます。Green Light Optimal Speed Advisoryのような用途は、交通信号が青であるときに到達するための最適速度をドライバーに知らせ、効率をさらに高めています。さらに、V2Xデータは、交通管理当局が交通とインフラ管理のためのスマートなソリューションを開発するのに役立ちます。

お金の節約：V2X技術によって促進されるより効率的で安全な交通システムは、大幅なコスト削減につながります。米国運輸省は、V2Xによって年間8,710億米ドルを節約できると見積もっています。欧州では、交通渋滞によって毎年1,000億ユーロ近いコストがかかっています。V2X技術は渋滞を引き起こす要因を事前に検知することができるため、車両はそれに応じて対応し、ルートを最適化することができます。これにより、遅延が短縮され、生産性の低下が抑えられ、事業運営の全体的なコストと複雑さが軽減されます。

環境へのメリット：V2X技術は、輸送による環境への影響を軽減します。交通渋滞や信号待ちの長蛇の列を最小限に抑えることで、V2Xはスムーズで継続的な交通の流れを可能にします。フリーフロー状態で最適な速度で走行する車両は、渋滞に巻き込まれた車両に比べて排出量が少なく、全体的な二酸化炭素排出量を削減します。これは、よりクリーンでサステイナブル環境に貢献します。

利便性の向上：ドライバーはV2X用途を非常に頼りにしており、運転体験が大幅に向上します。V2X技術は、ドライバーに目に見えない危険、交通状況、渋滞、迂回路、最適なルートと速度に関する情報を記載しています。この包括的な認識により、より安全で効率的な移動が可能になり、全体的な利便性が向上し、運転がより楽しい体験になります。

正確な車両情報：V2X技術は、方向、速度、加速、ブレーキ、時間など、さまざまな車両パラメータに関する正確でリアルタイムのデータを記載しています。電気自動車（EV）の場合、航続距離と充電ステーションの位置に関する重要な情報を記載しています。この包括的なデータにより、ドライバーは情報に基づいた意思決定を行うことができ、最適な車両性能と安全性を確保することができます。さらに、V2Xシステムは車両の状態をモニタリングし、深刻な問題になる前に潜在的なメンテナンス問題をドライバーに警告することができます。

障害物の感知V2X接続性の安全上の大きな利点の1つは、ドライバーの視野外の物体を検出する能力です。この機能は、他の方法では見えない潜在的な危険をドライバーに警告することで、事故を防ぐのに特に役立ちます。例えば、V2Xはブラインドターンで急減速する車両を検知し、後続のドライバーに事前に警告することができるため、衝突回避に役立ちます。

あらゆる環境条件における堅牢な性能：V2X技術は、従来型センサが故障するような様々な環境条件下でも効果的に作動します。太陽のまぶしさ、濃霧、激しい雨、夜間の運転など、V2X接続性は信頼性の高い通信とデータ交換を保証します。この機能は、悪天候下での運転の安全性と意思決定を大幅に向上させ、自律走行車や半自律走行車にとって極めて重要な要素となっています。

拡大するコネクテッドカーのエコシステム：2021年までに、3億8,000万台以上のコネクテッドカーが走行すると予想され、包括的なコネクテッドエコシステムとインテリジェント交通システムへの道が開かれます。このエコシステムは、車両とインフラ間のシームレスな通信を促進するだけでなく、自動車メーカーにも大きなメリットをもたらします。こうしたメリットには、データ取得の強化、対象を絞ったマーケティングの機会、パーソナライズされた自動車用途、製品、サービスの開発などがあり、顧客体験を豊かにします。

主要課題

ネットワークベースの通信：車両対ネットワーク（V2N）通信は、車両が他の車両（V2V）、歩行者（V2P）、デバイス、インフラ（V2I）と相互作用することを可能にします。より広い通信範囲を持つV2Nは、V2H（Vehicle-to-Home）やV2C（Vehicle-to-Cloud）用途もサポートします。これらの機能により、モバイルネットワーク事業者が提供する周波数帯を利用した幅広いスマート用途やサービスが可能になります。

直接短距離通信（DSRC）：DSRCは、セルラーネットワークに大きく依存することなく、車両、歩行者、インフラ間の短距離通信に使用されます。この技術は、セルラーの電波が届かない場所でも機能しなければならないセーフティ・クリティカルなV2X用途に特に推奨されます。DSRCは、緊急の安全ニーズに対するリアルタイムの通信を保証します。

V2X用途：V2X用途の開発は、安全運転、運転支援、渋滞管理、燃費経済、緊急対応、自動車サービスなど、さまざまな領域に及んでいます。コネクテッドカーに搭載された多数のセンサは膨大な量のデータを生成し、新しい用途やサービスを開発する機会を生み出します。これらのプラットフォームはリアルタイム分析が可能で、データを生成するハードウェアとシームレスに統合できなければならないです。エコシステムが拡大するにつれ、これらの用途はOEM（相手先ブランド製造）や保険会社、サービスプロバイダなどのサードパーティとも相互作用し、最終消費者に幅広いサービスを提供する必要があります。

V2Xテストの課題：V2X技術が普及し、ユーザーが毎日の通勤に利用するようになると、技術や関連機器、自動車の各種用途やサービスの信頼性がますます重要になります。実環境はV2Xテストに大きな課題をもたらします。携帯電話の信号は劣化したり、干渉したり、ノイズが入ったり、途切れたりする可能性があり、複数の車や何百万もの道路シナリオで現実の状況をエミュレートするのは困難です。現実的なシミュレーションのために道路脇のインフラを整えるには何十台ものユニットが必要であり、これらのシナリオのためにテストトラックを作成するには多大なコストがかかります。OEMや大手Tier-1サプライヤーを除く多くのV2Xエコシステムパートナーにとって、こうした財政的・物流的課題は大きな障害となっています。

主要動向

5G技術の登場：5G技術は、低遅延、高信頼性、数Gビット/秒という驚異的な帯域幅により、自動車V2X市場に革命をもたらします。OEM（Original Equipment Manufacturers：相手先商標製品製造会社）はすでに、メルセデスのFactory 56やBMWの中国の5G工場など、製造プロジェクト内の製品ラインを自動化する可能性を探っています。5Gの潜在的な用途は製造業をはるかに超えており、顧客が価値を認め、対価を支払う幅広いコネクテッドビークルサービスにとって極めて重要なイネーブラとなっています。産業は、5Gを車両接続の主要な候補と見なしており、継続的なカバレッジと先進的コネクテッドビークルの動向に不可欠な、速度、遅延、セキュリティ、信頼性の面で大きな技術的利点を提供しています。

産業のイニシアティブとコラボレーションAudi、BMW、Daimlerなどの主要企業で構成される5G Automotive Association（5GAA）は、5Gの採用促進に取り組んでいます。C-V2X（セルラー・ヴィークル・ツー・エブリシング）技術によるリアルタイムの交通管理情報を利用するHuaweiとAudiの中国におけるスマートシティ無錫プロジェクトや、2022年までに5Gを100%の車両に統合するというFordのコミットメントなどのイニシアチブは、コネクテッドビークルの用途に5Gを活用するという産業のコミットメントを示しています。AudiやSEATのような企業も5Gパイロットプロジェクトを実施しており、この技術の可能性を示しています。

車内エンターテイメントの強化：自動運転車や自律走行車の台頭により、高品質の車内エンターテインメントの重要性が高まっています。5G技術は、4Kビデオなどの高画質ビデオコンテンツを車両間でストリーミングするために必要な高いネットワークスループットを記載しています。ソウルの中心部で実施された検査のような成功例では、4Gネットワークでは実現できなかった4Kビデオストリーミング機能がすでに実証されています。この機能は、エンターテインメントの選択肢を広げるだけでなく、車両からのビデオ通話などの追加機能をサポートし、e-vehicleの充電時間を最大限に活用し、全体的なユーザー体験を向上させています。

目次

第1章 イントロダクション

• 市場の定義
• 市場セグメンテーション
• 調査手法

第2章 エグゼクティブサマリー

• 主要調査結果
• 市場概要
• 市場ハイライト

第3章 市場概要

• 市場規模と成長の可能性
• 市場動向
• 市場促進要因
• 市場抑制要因
• 市場機会
• ポーターのファイブフォース分析

第4章 自動車V2X市場：車種別

• 乗用車
• 商用車

第5章 自動車V2X市場：用途別

• ADAS（先進運転支援システム）
• 交通管理と最適化
• 緊急車両通知
• インフォテインメントと接続性

第6章 自動車V2X市場：コネクティビティ別

• 専用近距離通信（DSRC）
• セルラーV2X（C-V2X）

第7章 地域別分析

• 北米
• 米国
• カナダ
• メキシコ
• 欧州
• 英国
• ドイツ
• フランス
• イタリア
• アジア太平洋
• 中国
• 日本
• インド
• オーストラリア
• ラテンアメリカ
• ブラジル
• アルゼンチン
• チリ
• 中東・アフリカ
• 南アフリカ
• サウジアラビア
• アラブ首長国連邦

第8章 市場力学

• 市場促進要因
• 市場抑制要因
• 市場機会
• COVID-19の市場への影響

第9章 競合情勢

• 主要企業
• 市場シェア分析

第10章 企業プロファイル

• Qualcomm
• NXP Semiconductors
• Huawei
• Continental AG
• Denso Corporation
• Robert Bosch GmbH
• Savari, Inc.
• HERE Technologies
• Autopilot
• Aisin Seiki Co., Ltd.
• Mitsubishi Electric Corporation

第11章 市場展望と機会

• 新興技術
• 今後の市場動向
• 投資機会

第12章 付録

• 略語リスト
• 供給源と参考文献

Automotive V2X Market Size And Forecast

Automotive V2X Market size was valued at USD 3.56 Billion in 2024 and is projected to reach USD 42.69 Billion by 2032, growing at a CAGR of 42.50% from 2026 to 2032.

Vehicle-to-Everything (V2X) represents the next generation of information and communication technologies, connecting vehicles to a wide array of external systems and infrastructure.

By 2021, it is anticipated that over 70% of manufactured vehicles will incorporate V2X capabilities. These connected vehicles require the integration of various systems such as advanced driver assistance systems, body and chassis systems, infotainment systems, and powertrain systems into telematics frameworks to ensure the smooth operation of V2X features and applications.

V2X technology significantly enhances the transportation environment by improving comfort and safety, boosting traffic efficiency, and reducing pollution and accident rates by up to 80%.

However, the development and testing of V2X applications present several challenges, including the need to emulate real-world conditions with multiple cars, roadside infrastructure, and complex multi-way communication within a connected test environment.

This whitepaper explores various types of V2X communication, associated applications, and the two primary communication technologies used in V2X. It also addresses the challenges faced during V2X testing and highlights some industry solutions.

Establishing a robust connected test environment capable of recreating intricate real-world scenarios, such as dead-reckoning, is crucial for developing advanced V2X solutions.

This progress is essential for the realization of Intelligent Transportation Systems, paving the way for a safer, more efficient, and environmentally friendly future in automotive transportation.

Global Automotive V2X Market Dynamics

The key market dynamics that are shaping the global automotive V2X market include:

Key Market Drivers

Time Savings: V2X technology contributes to efficient traffic management and time savings for vehicle users. By communicating with surrounding infrastructure, V2X-equipped cars provide real-time information on road signs, traffic conditions, and congestion. This allows drivers to choose the best routes and avoid delays. Applications like Green Light Optimal Speed Advisory inform drivers of the optimal speed to reach traffic signals when they are green, further enhancing efficiency. Additionally, V2X data aids transport management authorities in developing smarter solutions for traffic and infrastructure management.

Money Savings: A more efficient and safer transportation system facilitated by V2X technology translates into significant cost savings. The U.S. Department of Transportation estimates that V2X could save society $871 billion annually. In Europe, traffic congestion costs nearly 100 billion euros each year. V2X technology can detect congestion-causing factors in advance, allowing vehicles to react accordingly and optimize routes. This reduces delays, lowers productivity losses, and decreases the overall cost and complexity of business operations.

Environmental Benefits: V2X technology helps reduce the environmental impact of transportation. By minimizing traffic congestion and long queues at traffic lights, V2X enables smooth, continuous traffic flow. Vehicles traveling at optimal speeds in free-flow conditions produce fewer emissions compared to those stuck in traffic, thereby reducing the overall carbon footprint. This contributes to a cleaner and more sustainable environment.

Enhanced Convenience: Drivers highly rely on V2X applications, and their driving experience improves significantly. V2X technology keeps drivers informed about unseen hazards, traffic conditions, congestion, diversions, and optimal routes and speeds. This comprehensive awareness allows for safer and more efficient travel, enhancing overall convenience and making driving a more enjoyable experience.

Accurate Vehicle Information: V2X technology provides precise and real-time data on various vehicle parameters such as direction, speed, acceleration, braking, and time. For electric vehicles (EVs), it offers crucial information on the range and the location of charging stations. This comprehensive data allows drivers to make informed decisions, ensuring optimal vehicle performance and safety. Additionally, V2X systems can monitor vehicle conditions, alerting drivers to potential maintenance issues before they become serious problems.

Sensing Obstructions: One of the significant safety advantages of V2X connectivity is its ability to detect objects outside the driver's field of view. This feature is particularly useful in preventing accidents by alerting drivers to potential hazards that they might not otherwise see. For instance, V2X can detect a vehicle suddenly decelerating around a blind turn and warn the following driver well in advance, aiding in crash avoidance.

Robust Performance in All Environmental Conditions: V2X technology operates effectively in various environmental conditions where traditional sensors may fail. Whether it's sun glare, dense fog, intense rain, or nighttime driving, V2X connectivity ensures reliable communication and data exchange. This capability significantly enhances driving safety and decision-making in adverse weather conditions, making it a crucial component for autonomous and semi-autonomous vehicles.

Growing Ecosystem of Connected Cars: By 2021, it is expected that there will be over 380 million connected cars on the road, paving the way for a comprehensive connected ecosystem and intelligent transportation systems. This ecosystem not only facilitates seamless communication between vehicles and infrastructure but also offers substantial benefits to car manufacturers. These benefits include enhanced data acquisition, targeted marketing opportunities, and the development of personalized in-car applications, products, and services, enriching the customer experience.

Key Challenges

Network-Based Communication: Vehicle-to-network (V2N) communications enable vehicles to interact with other vehicles (V2V), pedestrians (V2P), devices, and infrastructure (V2I). With a larger communication range, V2N also supports vehicle-to-home (V2H) and vehicle-to-cloud (V2C) applications. These capabilities enable a wide array of smart applications and services through the spectrum provided by mobile network operators.

Direct Short-Range Communication (DSRC): DSRC is used for short-range communication between vehicles, pedestrians, and infrastructure without significant reliance on cellular networks. This technology is particularly recommended for safety-critical V2X applications that must function in the absence of cellular coverage. DSRC ensures real-time communication for immediate safety needs.

V2X Applications: The development of V2X applications spans various domains, including safe driving, driving assistance, traffic congestion management, fuel economy, emergency response, and in-car services. The numerous sensors in connected cars generate vast amounts of data, creating opportunities for the development of new applications and services. These platforms must be capable of real-time analytics and integrate seamlessly with the hardware generating the data. As the ecosystem expands, these applications should also interact with original equipment manufacturers (OEMs) and third parties, such as insurance companies and service providers, to offer a wide range of services to end consumers.

Challenges in V2X Testing: V2X technology is becoming more prevalent and users rely on it for daily commutes, the reliability of the technology, associated equipment, and various onboard applications and services becomes increasingly critical. Real-world conditions pose significant challenges for V2X testing. Cellular signals can degrade, interfere, become noisy, or drop off, making it difficult to emulate real-world conditions with multiple cars and millions of road scenarios. Setting up roadside infrastructure for realistic simulations requires dozens of units, and creating test tracks for these scenarios incurs substantial costs. These financial and logistical challenges are significant roadblocks for many V2X ecosystem partners, apart from OEMs and large Tier-1 suppliers.

Key Trends

The Advent of 5G Technology: 5G technology is set to revolutionize the automotive V2X market due to its low latencies, high reliability, and impressive bandwidth, capable of reaching speeds up to several Gbit/s, potentially 100 times faster than 4G. Original Equipment Manufacturers (OEMs) are already exploring the possibilities of automating product lines within manufacturing projects, such as Mercedes Factory 56 and BMW's 5G plants in China. The potential applications of 5G extend far beyond manufacturing, making it a crucial enabler for a wide range of connected vehicle services that customers will value and pay for. The industry views 5G as the primary candidate for vehicle connectivity, providing significant technical benefits in terms of speed, latency, security, and reliability, which are essential for continuous coverage and advanced connected vehicle trends.

Industry Initiatives and Collaborations: The 5G Automotive Association (5GAA), comprising major players like Audi, BMW, and Daimler, is dedicated to advancing the adoption of 5G. Initiatives such as Huawei and Audi's Smart City Wuxi project in China, which uses real-time traffic management information based on Cellular Vehicle-to-Everything (C-V2X) technology, and Ford's commitment to integrate 5G into 100% of its vehicles by 2022, demonstrate the industry's commitment to leveraging 5G for connected vehicle applications. Companies like Audi and SEAT are also conducting 5G pilot projects, showcasing the potential of this technology.

Enhanced In-Car Entertainment: With the rise of self-driving and autonomous vehicles, high-quality in-car entertainment is becoming increasingly important. 5G technology provides the necessary high network throughput for streaming high-quality video content, such as 4K video, to and from vehicles. Successful trials, like the one conducted in the center of Seoul, have already demonstrated 4K video streaming capabilities that 4G networks could not achieve. This capability not only enhances entertainment options but also supports additional features like video calls from the vehicle, making the most of e-vehicle charging times and enhancing the overall user experience.

Global Automotive V2X Market Regional Analysis

Here is a more detailed regional analysis of the global automotive V2X market:

Asia Pacific

Asia Pacific is substantially dominating the global automotive V2X market owing to the driven by the presence of active players and the massive populations in Asian countries like India and China, which are contributing to an increase in telecom subscribers.

Rapid technological advancements in North America are also expected to boost market growth in the region. The presence of top telecom companies, alongside efforts to optimize network investments for customer satisfaction, further contributes to the market's expansion.

Asia Pacific holds the largest market share, with telecommunication technology providers and automotive OEMs leading vehicle development in the region. Japan and China are anticipated to spearhead technological development in the Asia Pacific.

The growing purchasing power of the population and increasing environmental concerns have led to a surge in demand for V2X technology in the region. Notably, South Korea and Japan, leaders in the global electronics industry, are well-positioned to develop high-performance V2X solutions at competitive costs.

China is emphasizing cellular vehicle-to-everything (C-V2X) technology over dedicated short-range communication (DSRC), with the commercialization of 5G-V2X expected to speed up research.

The Chinese government has made significant efforts to install C-V2X. Hitachi Solutions Ltd., Huawei Technologies Co Ltd., Hyundai Motor Company, and Mitsubishi Corporation are among the Asia Pacific market's leading players, driving growth.

For instance, by 2020, the global EV fleet is expected to reach 10 million, accounting for about 1% of total vehicle stock. In 2021, an additional 6.5 million EVs were registered globally, bringing the total EV stock to nearly 17 million by the end of 2021. EVs have a limited share in India, accounting for around 10,00,495 vehicles by the end of January 2022 (0.52% of registered vehicles4). By 2030, electric vehicles are projected to account for over 30% of all new automobiles.

By January 2022, India will have over 283 million cars, with 2-wheelers accounting for 75% of total registrations (4). Expected vehicle segments include public buses, taxi fleets, 2-wheelers, and 3-wheelers to be the first adopters of EVs.

Europe

Europe is expected to be the fastest growing region in the Global Automotive V2X Market during the forecast period owing to the promotion of road safety and environmental sustainability, and these priorities drive the regional market's growth for V2X innovations.

The region's focus on sustainability and smart urban planning in many cities creates a demand for advanced transportation solutions, with V2X technology playing a crucial role in smart city initiatives and propelling market growth.

Significant investments in research and development, particularly in European technological hubs, are expected to lead to innovations in V2X technology, further contributing to market expansion.

Road safety remains a top priority in Europe, and the potential of V2X to reduce accidents is a major driver for its adoption. The possible inclusion of V2X technology in the Euro NCAP safety rating system could significantly accelerate market growth by highlighting its importance in vehicle safety.

Europe's advanced telecommunications infrastructure also makes it well-suited for the deployment of cellular vehicle-to-everything (C-V2X) technology.

Additionally, the high demand for premium vehicles in Europe, known for their advanced features, aligns perfectly with the integration of V2X technology, creating a strong market pull.

Europe is at the forefront of deploying vehicle-to-everything (V2X) direct communication, known in the EU policy context as 'cooperative intelligent transport systems' (C-ITS). C-ITS is crucial for meeting Green Deal objectives and achieving higher levels of safety through automation.

This technology enables the exchange of information that line-of-sight sensors cannot provide, thereby protecting vehicle occupants, motorcyclists, and pedestrians. By enhancing the safety and efficiency of transportation systems, C-ITS will play a significant role in building confidence in automated mobility.

Global Automotive V2X Market: Segmentation Analysis

The Global Automotive V2X Market is segmented based on Vehicle Type, Application, Connectivity, And Geography.

Automotive V2X Market, By Vehicle Type

• Passenger Vehicles
• Commercial Vehicles

Based on Vehicle Type, the Global Automotive V2X Market is bifurcated into Passenger Vehicles and Commercial Vehicles. The commercial vehicles segment is showing significant growth in the Global Automotive V2X Market. Commercial vehicles in the automotive market include both light and heavy trucks, vans, and buses. These vehicles, designed to convey goods or fare-paying people, serve an important role in a variety of sectors and logistics operations. The platooning function enabled by V2X technology is driving much of the expansion of the commercial vehicle sector. Platooning refers to cars operating in a closely coordinated convoy with little space between them. This function is especially useful for trucks because it decreases fuel consumption and operational expenses significantly.

Automotive V2X Market, By Application

• Advanced Driver Assistance Systems (ADAS)
• Traffic Management and Optimization
• Emergency Vehicle Notification
• Infotainment and Connectivity

Based on the Application, the Global Automotive V2X Market is bifurcated into Advanced Driver Assistance Systems (ADAS), Traffic Management and Optimization, Emergency Vehicle Notification, Infotainment and Connectivity. The Advanced Driver Assistance Systems (ADAS) segment is showing significant growth in the Global Automotive V2X Market. The V2X data is essential for improving existing Advanced Driver Assistance Systems (ADAS) features such as blind-spot detection, lane departure warning, and forward-collision warning. Moreover, V2X technology can facilitate the creation of more advanced ADAS features, including cooperative adaptive cruise control and emergency braking, by leveraging real-time traffic information.

Automotive V2X Market, By Connectivity

• Cellular
• DSRC

Based on Connectivity, the Global Automotive V2X Market is bifurcated into Cellular and DSRC. The Dedicated Short-Range Communication (DSRC) segment dominates the Global Automotive V2X Market owing to the ease of installation, fully matured technology, and established data security requirements connected with DSRCs. Its renowned dependability and security make it a popular choice for a variety of applications. However, the cellular segment is expected to have a greater compound annual growth rate (CAGR) during the forecast period. The predicted rise in the cellular category can be attributed to developments in cellular technology, such as the widespread implementation of 5G, which provides lower latency, better bandwidth, and more reliability.

Automotive V2X Market, By Geography

• North America
• Europe
• Asia Pacific
• Rest of the world

Based on Geography, the Global Automotive V2X Market is classified into North America, Europe, Asia Pacific, and the Rest of the World. Asia Pacific is substantially dominating the Global Automotive V2X Market owing to the driven by the presence of active players and the massive populations in Asian countries like India and China, which are contributing to an increase in telecom subscribers. Rapid technological advancements in North America are also expected to boost market growth in the region. The presence of top telecom companies, alongside efforts to optimize network investments for customer satisfaction, further contributes to the market's expansion. Asia Pacific holds the largest market share, with telecommunication technology providers and automotive OEMs leading vehicle development in the region. Japan and China are anticipated to spearhead technological development in the Asia Pacific. The growing purchasing power of the population and increasing environmental concerns have led to a surge in demand for V2X technology in the region. Notably, South Korea and Japan, leaders in the global electronics industry, are well-positioned to develop high-performance V2X solutions at competitive costs.

Key Players

The "Global Automotive V2X Market" study report will provide valuable insight with an emphasis on the global market including some of the major players such as Qualcomm, NXP Semiconductors, Huawei, Continental AG, Denso Corporation, Robert Bosch GmbH, Savari, Inc., HERE Technologies, Autopilot, Aisin Seiki Co., Ltd., Mitsubishi Electric Corporation.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

• Global Automotive V2X Market Recent Developments
• In October 2021, Brandmotion LLC, an automotive safety technology business, announced a partnership with DENSO Products and Services Americas to provide a one-stop service for cities looking to outfit their vehicles with modern V2X technology.
• In October 2021, Infineon Technologies will debut the SLS37 V2X hardware security module (HSM) offering plug-and-play security solutions for V2X communication. The SLS37 V2X HSM uses a secure, tamper-resistant microprocessor designed specifically for V2X applications in telematics control units.
• In February 2023, Qualcomm unveiled its connected car 5G at the Mobile World Congress (MWC) in Barcelona. The major purpose is to improve vehicle broadband connectivity and enable in-car satellite communications.
• In December 2022, Cohda Wireless developed a V2X network for connecting connected vehicles on roads and highways worldwide.

TABLE OF CONTENTS

1. INTRODUCTION

• Market Definition
• Market Segmentation
• Research Methodology

2. Executive Summary

• Key Findings
• Market Overview
• Market Highlights

3. Market Overview

• Market Size and Growth Potential
• Market Trends
• Market Drivers
• Market Restraints
• Market Opportunities
• Porter's Five Forces Analysis

4. Automotive V2X Market, By Vehicle Type

• Passenger Vehicles
• Commercial Vehicles

5. Automotive V2X Market, By Application

• Advanced Driver Assistance Systems (ADAS)
• Traffic Management and Optimization
• Emergency Vehicle Notification
• Infotainment and Connectivity

6. Automotive V2X Market, By Connectivity Technology

• Dedicated Short-Range Communication (DSRC)
• Cellular V2X (C-V2X)

7. Regional Analysis

• North America
• United States
• Canada
• Mexico
• Europe
• United Kingdom
• Germany
• France
• Italy
• Asia-Pacific
• China
• Japan
• India
• Australia
• Latin America
• Brazil
• Argentina
• Chile
• Middle East and Africa
• South Africa
• Saudi Arabia
• UAE

8. Market Dynamics

• Market Drivers
• Market Restraints
• Market Opportunities
• Impact of COVID-19 on the Market

9. Competitive Landscape

• Key Players
• Market Share Analysis

10. Company Profiles

• Qualcomm
• NXP Semiconductors
• Huawei
• Continental AG
• Denso Corporation
• Robert Bosch GmbH
• Savari, Inc.
• HERE Technologies
• Autopilot
• Aisin Seiki Co., Ltd.
• Mitsubishi Electric Corporation

11. Market Outlook and Opportunities

• Emerging Technologies
• Future Market Trends
• Investment Opportunities

12. Appendix

• List of Abbreviations
• Sources and References